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Hong Kong jailed ex-CCB Asia manager Lam Chun-yin for four years over $470,000 in USDT bribes tied to false $1.6B bank instruments.
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Hong Kong has set plans to bring 24/7 central bank digital currency settlement to its tokenized deposit market by around the end of 2026, while preparing real value CBDC transactions for after hours derivatives trading and tests involving more than…
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Hong Kong has laid out plans to expand regulated stablecoin trading, tokenized real world assets and digital bond infrastructure as part of its 2026 Policy Address, while preparing round the clock central bank digital currency settlement under EnsembleTX by the…
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A Hong Kong man in his 70s has lost more than HK$13 million ($1.67 million) after a self-described cryptocurrency investment expert contacted him through WhatsApp and directed him to a fake trading app. Hong Kong police said the case was…
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Metaplanet approved a $1 million Hong Kong subsidiary to execute Bitcoin-linked strategies and manage investment risk during Asian hours.
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HKDAP could move the Hong Kong dollar beyond payments and into cross-border settlement, corporate treasury management and tokenized finance as regulated stablecoins gain a role in Hong Kong’s on-chain financial system, according to a HashKey researcher. HashKey senior researcher Tim…
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CZ backed Hong Kong as a Web3 hub and predicted faster RWA and DEX growth as regulators advance rules for tokenized finance.
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Standard Chartered became HKDAP’s first bank distributor and plans tokenized fund settlement services using the stablecoin in Q4.
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A Hong Kong appeals court has upheld a 56-month prison term for Ma Zhihao after investigators linked ransom payments from a human trafficking operation to a crypto exchange account registered in his name. Caixin reported on Aug. 20 that the…
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OKX restricted Claude access for Hong Kong and China based staff after a suspension, while monthly AI spending reaches up to $8 million.
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HashKey Exchange has completed a live transaction using Hong Kong’s first regulated Hong Kong dollar-backed stablecoin, HKDAP, with YF Life, testing a payment route that the companies say could cut premium settlement from two to three business days to near…
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Anchorpoint Financial has appointed HashKey Exchange as an authorized distributor for its Hong Kong dollar-backed stablecoin HKDAP, giving eligible institutions and professional investors access to minting, redemption, and fiat conversion during the token’s beta rollout. HashKey opens HKDAP access to…
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Standard Chartered-backed Anchorpoint has begun the phased rollout of its Hong Kong dollar-backed HKDAP stablecoin, opening beta access to institutional distributors and professional investors for payments, fiat conversion and tokenized asset settlement. Anchorpoint said on Wednesday that the first phase…
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Hong Kong police have received 255 reports linked to the alleged Fun Coffee cryptocurrency investment scam, pushing total reported losses to about HK$104 million as investigators continue making arrests and expanding the probe. According to Hong Kong 01, Hong Kong…
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HashKey secured JPMorgan approval for a client funds account, expanding its dollar settlement and customer money segregation network.
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Standard Chartered-backed Anchorpoint Financial has pushed the public rollout of its Hong Kong dollar stablecoin HKDAP into August after the project missed its previously expected second-quarter and end-of-July timelines. According to the local media outlet the Hong Kong Economic Journal,…
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